ZX Ventures is AB InBev’s global growth and innovation group. They are best known as a corporate venture fund, boasting an impressive and far-reaching portfolio that includes Swish Beverages (Babe Wine), Hiball Energy, RateBeer, Master of Malt, and Tripel Karmeliet, among others. But ZX Ventures is much more than a corporate VC. Their 1,500-person team is tackling everything from e-commerce and brand experience to international craft. In this episode, Liz Tomic, Global Director of ZX Ventures’ Explore Fund, explains how ZX operates, her team’s investment strategy, and how they balance independence and accountability while driving innovation at the world’s largest beer company. This episode also features Rabobank’s global beverage strategist Stephen Rannekleiv, senior analyst Jim Watson, and analyst Bourcard Nesin.